Royal Bank of Canada and RBC Capital Markets, LLC

Royal Bank of Canada in its $225 million asset-based revolving credit facility to Northern Crane Group

Client

Royal Bank of Canada and RBC Capital Markets, LLC

Value

$225 million

Service

Asset-based Lending

Date Closed

August 2014

Lead Office

Toronto


 

On August 25, 2014, Northern Crane Group announced the closing a $225 million asset-based revolving credit facility provided by a syndicate of lenders led by Royal Bank of Canada and the issuance of secured notes led by RBC Capital Markets, LLC, as initial purchaser.

Osler represented Royal Bank of Canada and RBC Capital Markets, LLC with a team consisting of Kevin Morley (Financial Services), Danna Donald (Commercial), Kevin Whittam (Financial Services), and Gregory Wylie (Taxation).


Team
Kevin J. Morley
Key Contact

Kevin J. Morley

Partner, Financial Services

Danna Donald

Danna Donald

Partner, Commercial

Gregory  Wylie

Gregory Wylie

Partner, Taxation